London, 01 April 2015: Technavio, the independent tech-focused global research firm, has published a report on the Global Medical Ceramics Market 2015-2019, which is expected to post a CAGR of 6.82 percent during the period 2014-2019, in terms of revenue.
“Manufacturers of medical devices are now using these coatings in the production of various medical components and devices, including orthopedic and spinal implants, because of increasing awareness of their unique advantages such as reduced friction and high adhesion,” says Faisal Ghaus, Vice President of TechNavio.
“Aluminum oxide, zirconium oxide, and titanium oxide have been the mostly commonly used ceramic coatings in the Medical sector, and have found extensive use for producing ceramic-on-metal medical components.”
Key Market Drivers
- Increased Application in Cancer Treatment
- Demand for Ceramic Medical Devices and Implants
- Elevated R&D Spending
- Increased Use as Replacement for Bio-metals
- Rise in Geriatric Population
Key Market Trends
- Growing Popularity of Piezo-ceramics
- Increased Demand for Ceramic Coatings
- Innovative Production Techniques\
- Development of Nanophase and Injectable Ceramics
Key Market Vendors
- 3M ESPE AG
- Biomet 3i LLC
- CeramTec GmbH
- CoorsTek Medical Inc.
- DePuy Synthes (Johnson & Johnson Ltd.)
- Kyocera Corp.
- Morgan Advanced Materials plc
- Nobel Biocare Services AG
- Straumann AG
- Stryker Corp.
- Zimmer Holdings Inc.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
